Infor EPM
Built on the Infor OS technology platform, Infor EPM unifies business intelligence (BI), budgeting & financial planning, and performance management into a single, cohesive solution — empowering organizations to make faster, data-driven decisions.
Key features of Infor EPM
- Integrated Business Intelligence (BI)
- Provides real-time dashboards, KPIs, and analytics that draw directly from transactional systems like Infor SunSystems, Infor CloudSuite, and other ERP solutions.
- Interactive, self-service dashboards with powerful visualization tools help users explore data and identify trends easily.
- Financial Planning, Budgeting, and Forecasting
- Delivers a unified platform for budgeting, forecasting, and financial modeling.
- Enables top-down and bottom-up planning with scenario analysis and driver-based forecasting.
- Supports rolling forecasts and multi-dimensional modeling to align financial and operational plans.
- Consolidation and Close Management
- Automates the financial consolidation process across multiple entities, currencies, and charts of accounts.
- Ensures compliance with local GAAP, IFRS, and corporate reporting standards.
- Reduces cycle time for month-end and year-end close.
- Performance Dashboards and KPIs
- Pre-built performance dashboards for finance, operations, and management reporting.
- Users can track KPIs, variances, and trends through real-time visualization tools.
- Helps identify performance gaps and opportunities at a glance.
- Advanced Analytics and Reporting
- Combines financial and non-financial data for comprehensive analysis.
- Supports ad hoc queries, drilldowns to source data, and dynamic report creation.
- Scenario and What-If Analysis
- Allows users to test different business scenarios with specific drivers to understand potential impacts on profitability, cash flow, and performance.
- Enhances strategic planning and risk management.
- Integration with Infor Ecosystem
- Seamlessly integrates with Infor ERP systems (e.g., SunSystems, M3, LN) and other third-party solutions.
- Leverages Infor OS for data integration, workflow automation, and single sign-on.
- Cloud-Enabled and Secure
- Available as a cloud-based or on-premise solution.
- Cloud version offers scalability, automatic updates, and enhanced security through Infor CloudSuite infrastructure.
Infor EPM Modules
Infor EPM : Budgeting & Planning
With Budgeting capabilities, companies gather budget numbers via the web or integrated spreadsheets rather than by assembling and consolidating individual spreadsheets. Doing so speeding the collection process and eliminating the need to re-key data and fix broken spreadsheet links, activities that often result in errors and version-control issues. Once approved, budget figures and even notes explaining the rationale behind them are saved to the secure PM database, meaning that a single set of data is now used across the organization. PM built-in financial and budget features such as automatic roll-ups and calculations, support for multiple currencies, multi-companies, budgeting and planning for both P&L and Balance Sheet. Because PM stores information in the central database, system users can compare budgets to actual results and forecasts side by side and on demand, without the need to open or navigate multiple applications.
Performance Management – Budgeting & Planning Benefits
- Reduce the time needed to collect data and prepare budgets.
- Eliminate version-control issues.
- Automate roll-ups, calculations, and currency conversions to save time and reduce errors.
- Monitor budget submissions and actual results for increased accountability.
- Plan salaries and assets at the detail level for more accurate budgets.
- Set up automatic alerts to notify you when something unexpected is happening, so you can take action.
- Adjust budgets and communicate changes when business conditions change, maintaining the plans relevancy and commitment of the organization.
- Use results to set realistic business performance expectations for employees, management, shareholders, and others.
Infor EPM : Consolidation
Web-based EPM enables organizations to quickly collect data from operating units around the world, even when these locations have disparate general ledger systems, charts of accounts, and ERP systems. Data is consolidated in line with local and international requirements, such as GAAP, Sarbanes-Oxley, and IFRS, and is stored in a single database, ensuring that everyone works with the same set of numbers, accessing data from an Excel or web interface. Any changes are made in this central location, resulting in greater control and confidence in the numbers. Data can be compared with budgets, plans, and forecasts within PM, which improves business performance management insight. With detailed journal and audit capabilities, PM provides financial reporting transparency to satisfy both internal and external auditors alike.
Performance Management – Financial Consolidation Benefits
- Adhere to local and global accounting standards and reporting requirements such as GAAP, FASB, IAS, IFRS, and Sarbanes-Oxley.
- Gain more process control through the centralized storage and maintenance of data.
- Speed financial consolidation and reporting by automating key processes such as data loading, consolidation, and verification.
- Collect, process, report, and analyze data in multiple currencies, and report on the impact of currency fluctuations.
- Carry out automated adjustments including minority interest, intercompany eliminations, recurring adjustments, cost allocation and miscellaneous adjustments.
- Consolidate data from various business perspectives (geographic region, product line, etc.) and multiple structure versions
(this year/month VS last year/month, etc). - Turn data into useful information by comparing results against budgets and forecasts.